129
129
Dec 26, 2012
12/12
by
MSNBCW
tv
eye 129
favorite 0
quote 0
going over the cliff, tax rates go up for everybody and then a vote, a vote to cut taxes for 98% of americans. instead of a vote to raise taxes for 1% of americans and it makes much more likely to get republican support. they can make it retroactive to january 1st, fix a lot of things that are going to go haywire if we go past january 1st without a deal, thomas. >> mike, great to see you. thank you, sir. >>> want to bring in the political power panel for this wednesday morning, lynn sweet, keith boykin and alice stewart. great to see all of you here. post-merry christmas to everybody. i want to start by showing the latest gallup information on what americans are feeling right now, gang. about the fears of the fiscal cliff. deal likely at 50%, deal not likely at 48%. and this is gone down continually as we have seen, lynn, over several days, whether more optimism before the christmas holiday and continues to evaporate the closer to the cliff but talking about what the president can do coming back, can it about a small stop gap measure to save people after the 1st? >> it could be and i've alway
going over the cliff, tax rates go up for everybody and then a vote, a vote to cut taxes for 98% of americans. instead of a vote to raise taxes for 1% of americans and it makes much more likely to get republican support. they can make it retroactive to january 1st, fix a lot of things that are going to go haywire if we go past january 1st without a deal, thomas. >> mike, great to see you. thank you, sir. >>> want to bring in the political power panel for this wednesday morning,...
308
308
Dec 23, 2012
12/12
by
FOXNEWSW
tv
eye 308
favorite 0
quote 0
they'll with hold before changing to any higher tax rates. tomorrow, a programming note fur on fox news sunday, chris wallace gets the latest on the fiscal cliff from lawmakers in the now. exclusive interviews with republican john burasso. today we saw the three funerals for the final three children. 7 year old josen gay . six year oldnana mar quiz green . parker was laid to rest in u>> she had just celebrated her 7th birthday three days before the attack. ana mar questions-greene moved to the area from canada . she was emily parker knew to the earlier from ogden, utah . the father said the world is a better place for having had emily in it. pope john paul ii sending an inspirational christmas message . one that speaks louder than words and all what it had to do with the man on the right. >> and run away shopping cart with . but you will see there is a child in the cart . millions of americans, preparing to reach the holiday destination . the weather may not cooperate with the plans. meteorologist maria mowill you pleasa in the extreme weathe
they'll with hold before changing to any higher tax rates. tomorrow, a programming note fur on fox news sunday, chris wallace gets the latest on the fiscal cliff from lawmakers in the now. exclusive interviews with republican john burasso. today we saw the three funerals for the final three children. 7 year old josen gay . six year oldnana mar quiz green . parker was laid to rest in u>> she had just celebrated her 7th birthday three days before the attack. ana mar questions-greene moved...
303
303
Dec 30, 2012
12/12
by
FOXNEWSW
tv
eye 303
favorite 0
quote 0
, gas taxes sales taxes, you name it. as a result virginia has a job growth rate that is three times that of maryland. virginia has a lower unemployment rate. so you see that contrast and paul, i think in this election, it actually worked to the president's benefit in some of the swing states like o-ohio and virginia and you had the voters in the states experiencing above average growth thanks to the policies of republican governors. >> paul: kim, then you see the alternatives and let me mention one state where democrat gina amando the state treasurer pushed through a terrific pension reform, probably the best in the country, but if you look at other states where the democratic coalition is dominant, illinois, for example, new york state and california, you see a very different policy mix. which direction are they going? >> their policy mixes to mirror what's happening in washington, which is do not address any of your structural spending problems and need to add spending and ask your taxpayers in particular to-- the weal
, gas taxes sales taxes, you name it. as a result virginia has a job growth rate that is three times that of maryland. virginia has a lower unemployment rate. so you see that contrast and paul, i think in this election, it actually worked to the president's benefit in some of the swing states like o-ohio and virginia and you had the voters in the states experiencing above average growth thanks to the policies of republican governors. >> paul: kim, then you see the alternatives and let me...
210
210
Dec 22, 2012
12/12
by
MSNBCW
tv
eye 210
favorite 0
quote 0
taxes shurnt go up. if they were to go up by law, conceivably they could come back in january and lower them and campaign on the fact that they lowers taxed. >> let's take a look at what speaker boehner said on friday. >> many of us believe on both sides of the aisle, the fundamental reform of our taxes will help get our economy moving faster and get more americans back to work. how we get there, god only knows. >> so the president says he's going to head back to washington after christmas to try and hammer out a deal before new year's. babe boehner said god only knows, god and ed o'keefe. how do they get there? >> for practical reasons there, are bills sitting in either chamber right now that the other chamber has passed, the house is telling the senate, pass our bill. the senate is telling the house pass our bill. either of those bills could be amended and sent back across the capitol, and make some changes, and send it back for final passage and sent send it to the president. can you get that done in
taxes shurnt go up. if they were to go up by law, conceivably they could come back in january and lower them and campaign on the fact that they lowers taxed. >> let's take a look at what speaker boehner said on friday. >> many of us believe on both sides of the aisle, the fundamental reform of our taxes will help get our economy moving faster and get more americans back to work. how we get there, god only knows. >> so the president says he's going to head back to washington...
260
260
Dec 30, 2012
12/12
by
CNNW
tv
eye 260
favorite 0
quote 0
you look at say they raise tax rates, the top tax rate to 39.6% for those making more than $500,000, that's going to mean a lot of small businesses are going to pay that nearly 40% marginal tax rate where you have billionaire private equity funds paying 15, 20 or even 24 depending on where they put it. not an issue of penalizing investment income but penalizing labor and those who make their income through wages and they should both be taxed at the same rate. i do, again, fundam and at least raising the capital gains rate would help address this anomaly and susan collins and clara mccasical give legitimate -- you have billionaire equity managers paying 39%. i think this is a source of unfairness and inefficient and we should be taxing all income at the same rate. >> a fiscal cliff compromise likely won't happen without those special interests in having their say and their sway with these negotiations. i mean, how much do these lobbying groups really wind up turning the negotiations in a certain way to really make things sort of end up where we just started? >> again, capital gains an
you look at say they raise tax rates, the top tax rate to 39.6% for those making more than $500,000, that's going to mean a lot of small businesses are going to pay that nearly 40% marginal tax rate where you have billionaire private equity funds paying 15, 20 or even 24 depending on where they put it. not an issue of penalizing investment income but penalizing labor and those who make their income through wages and they should both be taxed at the same rate. i do, again, fundam and at least...
260
260
Dec 22, 2012
12/12
by
FOXNEWSW
tv
eye 260
favorite 0
quote 0
he wants more spending and tax hikes and that will hurt our economy . he refuses to challenge the members of his family to deal with entitlementriform and the big issues that are facing our nation. president obama said a deal could be reached but that appears unlikely. he took off for hawaii and landed with his family for a shorter than usual christmas break. he said he is it a hopeless optmist. he is scaling back and pushing for a tax cut for the middle class and calling for compromise. it can only pass from democrats and republicans and no one gets 100 percent of what they want. everyone has to give a bit in a sensible way. we move forward together or not at all. in addition to making bush era tax cuts permanent for the middle class. let president want to preserve unemployment benefits if congress doesn't act. that know amount to an achievable goal and something that can get dun before the end of the year. >> steve, thank you for that. and now turning to the scathing report against the state department. it is fueling out a debate over what they call t
he wants more spending and tax hikes and that will hurt our economy . he refuses to challenge the members of his family to deal with entitlementriform and the big issues that are facing our nation. president obama said a deal could be reached but that appears unlikely. he took off for hawaii and landed with his family for a shorter than usual christmas break. he said he is it a hopeless optmist. he is scaling back and pushing for a tax cut for the middle class and calling for compromise. it can...
354
354
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 354
favorite 0
quote 0
a lot of finger pointing and no answers as i said and just days remaining until tax increases and spending cuts all kick in and we all feel the pain. mike emanuel live with the news for us tonight on capitol hill. top democrats seem to be suggesting they cannot cut a deal without republican help. >> well, harris, that is right. and so they are asking what it will take to at least get some republican support. they say time is so critical. they cannot just roll out new legislation only to have the republicans reject it. we know president obama called the top four congressional leaders last night on his way back from hawaii. tomorrow afternoon at the white house will be a meeting between the president and those top four congressional leaders and earlier the top senate democrat expressed concern or frustration saying you cannot legislate with yourself. >> the republicans in the house have left town. the negotiations between the president and the speaker have fallen apart as they have for the last three and a half years. we have tried mightily to get something done. >> now, perhaps in an effort
a lot of finger pointing and no answers as i said and just days remaining until tax increases and spending cuts all kick in and we all feel the pain. mike emanuel live with the news for us tonight on capitol hill. top democrats seem to be suggesting they cannot cut a deal without republican help. >> well, harris, that is right. and so they are asking what it will take to at least get some republican support. they say time is so critical. they cannot just roll out new legislation only to...
143
143
Dec 23, 2012
12/12
by
FOXNEWSW
tv
eye 143
favorite 0
quote 0
i mean, they've allowed this to be a debate about tax rates, but the real problem, i think, for most republicans and people who voted for them is that they see how the cost curve is just bending up at a rate that is just unsustainable. i mean, the country cannot survive the kinds of increases in entitlement payoffs that will occur if there's not reform. >> paul: there's at least in my reporting, the president has offered only one substantive entitlement reform and that's a change how we calculate inflation for benefits and tax brackets and that was agreed to last year. it's really minor in the scheme of things, nothing else sustainable. >> i think that the president is overplaying his hand, paul. he's going to need republican vote next year to raise the debt ceiling and needs the republicans votes for second term items, immigration reform and humiliating them now is not going to-- >> he could in a sense, the fiscal cliff is in a sense artificial, if he has the power to raise taxes next year for six months and then get down to serious negotiations after the congress-- >> and should re
i mean, they've allowed this to be a debate about tax rates, but the real problem, i think, for most republicans and people who voted for them is that they see how the cost curve is just bending up at a rate that is just unsustainable. i mean, the country cannot survive the kinds of increases in entitlement payoffs that will occur if there's not reform. >> paul: there's at least in my reporting, the president has offered only one substantive entitlement reform and that's a change how we...
156
156
Dec 28, 2012
12/12
by
MSNBCW
tv
eye 156
favorite 0
quote 0
people are not propose iing mak the taxes like them. john boehner could not even pass the tax proposal he passed over there. he said no, can't do that. didn't he bring it up for a vote? >> tonight, speaker boehner's office put out this statement. >> joining me now are our guests. clearly the positioning game continues. harry reid saying we did our job months ago. do you think we til would be@posturing stage at the end of that white house meeting tomorrow? >> in your introduction you made the fundamental point here which is that this agreement before the end of the year, simply cannot go forward unless john by nor is willing to let it do so with majority democrats in the house. if we go over the curve as you put it, they can vote for a large tax decrease becaused off of the new rates that would be reset. they can say we votes to cut taxes for 98% of households. but it is the only scenario that i cap see out there in the near term. >> the building that read has passed. let's lis ep to what mitch mcconnell said about that? >> the senate bi
people are not propose iing mak the taxes like them. john boehner could not even pass the tax proposal he passed over there. he said no, can't do that. didn't he bring it up for a vote? >> tonight, speaker boehner's office put out this statement. >> joining me now are our guests. clearly the positioning game continues. harry reid saying we did our job months ago. do you think we til would be@posturing stage at the end of that white house meeting tomorrow? >> in your...
183
183
Dec 26, 2012
12/12
by
FBC
tv
eye 183
favorite 0
quote 0
low tax rates bring more revenues, not less revenues. lou: do you interpret all of the drama to be a lack of faith? in front of the growth model that has been demonstrated, as you point out, over the past two years. they are really saying the economy cannot grow fast enough to support the government. we will not see revenue increase unless we raise taxes. >> that is correct. the pre-verse thing is you don't get growth if you raise tax rates. in california and several other states that topate is approaching 50% effectively with a 50% top rate, a business have as much incentive to fire somebody to lower-cost as to hire somebody to increase revenues. lou: it is a high risk experiment, but nonetheless experiment bringing tax levels above 50%, the nation see califa behave as the canary in the coal mine, if you will, when it comes to economic growth and the ability to support an ever-growing government? >> of course. people are just fleeing california. california is what happens to countries that raise their tax rates. entrepreneurs flea and w
low tax rates bring more revenues, not less revenues. lou: do you interpret all of the drama to be a lack of faith? in front of the growth model that has been demonstrated, as you point out, over the past two years. they are really saying the economy cannot grow fast enough to support the government. we will not see revenue increase unless we raise taxes. >> that is correct. the pre-verse thing is you don't get growth if you raise tax rates. in california and several other states that...
328
328
Dec 23, 2012
12/12
by
MSNBCW
tv
eye 328
favorite 0
quote 0
tax bills have to start in the house. the senate can take whatever vehicle they send over and substitute for it something that makes sense and have it sent back and it's on them to say yes or no as to whether we go over the cliff. that's really the approach. >> so you want to see something come out of the house? >> anything. anything. and you substitute the total bill. but it has to come out of the house and that's the rationale for getting something there. >> they actually did get something out of the house early last week. they stopped the defense sequester and that's all they did because it won't go anywhere after that. the $500 billion in defense cuts are still set to take place. all the other spending cuts are set to take place and it's, of course, in deal-making this is called the ckabuki theater and people are depending on them to get it right by the deadline. there's no argument being made that it's good to go over the fiscal cliff. >> please, make the argument, dean. >> one argument is that there are will be a lo
tax bills have to start in the house. the senate can take whatever vehicle they send over and substitute for it something that makes sense and have it sent back and it's on them to say yes or no as to whether we go over the cliff. that's really the approach. >> so you want to see something come out of the house? >> anything. anything. and you substitute the total bill. but it has to come out of the house and that's the rationale for getting something there. >> they actually...
112
112
Dec 29, 2012
12/12
by
FBC
tv
eye 112
favorite 0
quote 0
lou: let's start with the idea taxes that this president wants $1.6 trillion in new taxes. that is a heck of an initial bargaining position, isn't it.> >> the president talks about tax rates.te he wants tax rate increases and he converted into dollars.x rev the real question is can you raise tax revenues.se the only way that we will raise enough revenues to get us out of trouble is private sectorsetor growth. tas you will not have private sectoc growth if you're saraying thate you're going too raise their health care costs or energy costs or labor costs. going t people aroe going to invest. job you are going to find that job creation is unique. american businesses want aess io president to succeed. i didn't vote for him, but hisey success is tied to my success. t conversely, his success is tied to the success of american bs business. there ought to be some common ground here. i'm just not seeing it yet. youh lou: what do you think of the idea that it doesn't ceos from companies show that the white house to talk big with the big guys, but small business thatf creates most th
lou: let's start with the idea taxes that this president wants $1.6 trillion in new taxes. that is a heck of an initial bargaining position, isn't it.> >> the president talks about tax rates.te he wants tax rate increases and he converted into dollars.x rev the real question is can you raise tax revenues.se the only way that we will raise enough revenues to get us out of trouble is private sectorsetor growth. tas you will not have private sectoc growth if you're saraying thate you're...
245
245
Dec 24, 2012
12/12
by
CNBC
tv
eye 245
favorite 0
quote 0
or have much of an impact as much as the investment related taxes will like when dividend taxes go to 44% automatically. >> yeah. >> which is going to happen when we go over the fiscal cliff. capital gains going up to ordinary income of 39.6. what would you say is a realistic level for those two taxes? >> well, i don't know. >> i mean once they get a deal. >> decide for us, quint. >> yeah. well, probably in the 40s right? i think ultimately -- >> 40s? that is going to be a problem for the market. >> yes, it is. that is why i think running out and hiding into dividend paying stock is not the answer. when this really sets in that we're not going to have a deal the market is going to come off. believe it or not when it comes off those are still the areas that i would look because where are you going to find, you know, an intel for example yielding 4.5%, loads of cash on the balance sheet, and even if it gets taken down under $20 a share, very healthy company, excellent dividend yield. >> yes. >> so i would rather have that even if i'm paying a higher tax on it than be sitting in cash yie
or have much of an impact as much as the investment related taxes will like when dividend taxes go to 44% automatically. >> yeah. >> which is going to happen when we go over the fiscal cliff. capital gains going up to ordinary income of 39.6. what would you say is a realistic level for those two taxes? >> well, i don't know. >> i mean once they get a deal. >> decide for us, quint. >> yeah. well, probably in the 40s right? i think ultimately -- >> 40s?...
164
164
Dec 29, 2012
12/12
by
FOXNEWSW
tv
eye 164
favorite 0
quote 0
clearly, i don't want taxes to go up. taxes shouldn't go up on anyone. but to only raise taxes on those who are the top earners will only fund the government something like eight days. this is something that the american people need to understand and recognize. there are big failures going on in washington and people need to take notice and hold our politicians accountable. >> arthel: michael? >> if she's right and it's only eight days, why would the republicans hold every american taxpayer hostage for eight days' worth of a deal? there should be a deal on the tax part. it should happen in the next few hours. this is an artificial deadline created by a bunch of politicians two summers ago because they couldn't consume to an agreement. so that's why we're here on the new year's eve trying to figure out how not to have taxes go up by 99.7% of americans, which is what will happen come new year's day. that's why i think you're going to get it. the politician doesn't want to be the one to say i created the largest tax hike in history. >> arthel: so michael, w
clearly, i don't want taxes to go up. taxes shouldn't go up on anyone. but to only raise taxes on those who are the top earners will only fund the government something like eight days. this is something that the american people need to understand and recognize. there are big failures going on in washington and people need to take notice and hold our politicians accountable. >> arthel: michael? >> if she's right and it's only eight days, why would the republicans hold every american...
161
161
Dec 24, 2012
12/12
by
MSNBCW
tv
eye 161
favorite 0
quote 0
because they know that we don't want to increase taxes. so i do think everyone coming toe, and it's going to take everyone, the president, the vice president, the house and sena senate. >>> are you saying there's several dozen that did not support plan b, they were not looking at this practically? >>> i agree with them. however, we're at a point where we will not get what we think is right for our economic and country, because we don't control government. so we've got to work within the system we have. i think 250,000 as a threshold is way too low. we can't do that to people who have a lot of expenses. we need to up that amount that president obama wants to raise taxes on. >> he was putting it at 400,000 senator, i want to move to the issue of guns. we heard what ray lapierre said earlier. he was singling out one of your colleagues. i want you to listen to part of his interview. >> you could ban all diane fine stein, done whatever you said to. she had insure bean and columbine occurred. >> is the revival of that ban, is that going to pass?
because they know that we don't want to increase taxes. so i do think everyone coming toe, and it's going to take everyone, the president, the vice president, the house and sena senate. >>> are you saying there's several dozen that did not support plan b, they were not looking at this practically? >>> i agree with them. however, we're at a point where we will not get what we think is right for our economic and country, because we don't control government. so we've got to work...
159
159
Dec 26, 2012
12/12
by
CNNW
tv
eye 159
favorite 0
quote 0
the bush era tax cuts expire, and it's not clear what the tax rate would be. but the average household would see a tax increase of $3500 a year. that is according to the fax policy center. what about the 2012 tax returns? well, there would no fix for the alternative minimum tax, and that would delay tax filings. as many as 100 million people might not be able to file their return until late march. that means tax refunds could also be delayed, and some major tax credits would expire as well including the child tax credit and the earned income tax credit. >>> from a mars landing to a deep water dive, scientific and technical breakthroughs this past year were amazing. here's john zarrella with a look at the top 10. >> at number 10 a revolutionary camera called litro. >> it's such a powerful technology breakthrough, that this will forever change how we take and experience pictures. >> it captures the entire light field ail louse the focus and perspective to be changed after its been taken. number nine, nasa's dawn spacecraft sent back staggers data about an as tro
the bush era tax cuts expire, and it's not clear what the tax rate would be. but the average household would see a tax increase of $3500 a year. that is according to the fax policy center. what about the 2012 tax returns? well, there would no fix for the alternative minimum tax, and that would delay tax filings. as many as 100 million people might not be able to file their return until late march. that means tax refunds could also be delayed, and some major tax credits would expire as well...
129
129
Dec 27, 2012
12/12
by
FBC
tv
eye 129
favorite 0
quote 0
coming their way beginning january 1 in everything from medical devices traditional search taxes on investment income. it is about half the size of the fiscal cliff, if you will, tax hikes that could well be added to them if the year finishes the way we stand right now. >> absolutely, lou. i found it interesting if you read the affordable correct many of the onerous mandate created by obamacare were exempted for the unions so i found it interesting that the administration is looking out for the union and not looking out for the state and individual citizens to bearey the load of this. lou: your ground operation would have been a little stronger. you could have prevented people of laws.sorts you don't find that as fair and equitable, right? >> we challenged on constitutional grounds, w but dd not quite get it all. lou: more lawsuits to come and we will see how those, as well. the great state of south carolina. great for being with us. hsbc agrees to being a mexican drug cartel bank. terrorists.ertern tonight she meets the former employee who tried to stop hsbc illegal conduct, former
coming their way beginning january 1 in everything from medical devices traditional search taxes on investment income. it is about half the size of the fiscal cliff, if you will, tax hikes that could well be added to them if the year finishes the way we stand right now. >> absolutely, lou. i found it interesting if you read the affordable correct many of the onerous mandate created by obamacare were exempted for the unions so i found it interesting that the administration is looking out...
158
158
Dec 24, 2012
12/12
by
FOXNEWSW
tv
eye 158
favorite 0
quote 0
a sample of the device of a lander that is being tested negotiation government money, none of your taxes involved, 80ive innovation driven by entrepreneurs taking the risk. competition if a car that gets 100 miles per hour has drawn nearly 100 entrepreneurs. the design competition was first, the cars had to pass the looks test. these cars did. next is the race. 54 teams will compete to win. the man who raised the money if the prize and organizeed the organization is here. >> we have entrepreneurs and scientists and engineers to do what only government could do. >> peter joins us from los angeles. you have new prizes now? >> we do. we are having a lot of fun figuring where there could be breakthroughs that you not going on or being driven by large companies or government that is challenging entrepreneurs to make the impossible, possible. >> where do you get the money? who put up the x prize? >> the money, really, comes from a range of different groups, including individuals, and philanthropists and competitions or large corporations, progressive insurance or companies such as that, wantin
a sample of the device of a lander that is being tested negotiation government money, none of your taxes involved, 80ive innovation driven by entrepreneurs taking the risk. competition if a car that gets 100 miles per hour has drawn nearly 100 entrepreneurs. the design competition was first, the cars had to pass the looks test. these cars did. next is the race. 54 teams will compete to win. the man who raised the money if the prize and organizeed the organization is here. >> we have...
209
209
Dec 28, 2012
12/12
by
MSNBCW
tv
eye 209
favorite 0
quote 0
estate tax, maybe not. the important though, i think, is mcconnell and the senate is important, but ultimately john boehner has said he wants the majority of republican members of the house to vote for whatever deal happens. that's a key factor. they have to agree to something that president obama also agrees to. that's a big gap. basically he's -- i don't know that there's 120 house republican votes for that yet. plan b was voted on, a -- house republicans wouldn't approve of that, either. the how is like a big block here on any kind of permanent deal. >>> i want to bring in debbie wasserman schultz, florida democrat and head of the dnc. congresswoman, when you look at what's happening today, you know, this meeting that's going to be happening at 3:00 p.m., what's going to be talked about there, what do you think? >> look, as long as the leaders are talking, there is still time for us to hammer out a deand prevent us from going over the fiscal cliff. what will be talked about today is what do the outlines
estate tax, maybe not. the important though, i think, is mcconnell and the senate is important, but ultimately john boehner has said he wants the majority of republican members of the house to vote for whatever deal happens. that's a key factor. they have to agree to something that president obama also agrees to. that's a big gap. basically he's -- i don't know that there's 120 house republican votes for that yet. plan b was voted on, a -- house republicans wouldn't approve of that, either. the...
99
99
Dec 28, 2012
12/12
by
MSNBCW
tv
eye 99
favorite 0
quote 0
taxes. we just couldn't come to an agreement. look how great the 113th is to start off the new years. >> and everyone gets to say, you know what? none of our problems will be solved. >> i'm over the fiscal cliff. i'm over you. i really am. >> i quit it, too. i'm with you, thomas. >> i wish i could quit it. >> this is political coward is at its finest. they have passed the bill that lets them do the things that they really want to do. republicans would love to eat into entitlements, but has no fingerprints to say, hey, we didn't do it, the fiscal cliff did it. >> this could be easy to do, i think, because they were close a week ago, then boehner put forward that gimmick on plan b. if they can't get this solved, how will we deal with immigration reform, which i this i is more politically challenging. >> these are self-inflicted punches, wounds, that they crafted to make them better, and they are failing. thanks for putting up with me too, this time. >>> a final salute to general norman schwarz
taxes. we just couldn't come to an agreement. look how great the 113th is to start off the new years. >> and everyone gets to say, you know what? none of our problems will be solved. >> i'm over the fiscal cliff. i'm over you. i really am. >> i quit it, too. i'm with you, thomas. >> i wish i could quit it. >> this is political coward is at its finest. they have passed the bill that lets them do the things that they really want to do. republicans would love to eat...
74
74
Dec 28, 2012
12/12
by
FBC
tv
eye 74
favorite 0
quote 0
if we go over the fiscal cliff, what does it mean for you, income tax, estate tax, dividend tax, big changeses, yes, they are coming. can you protect yourself from the government? probably not, but we'll detail what's going to happen to you next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis sympto. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. p
if we go over the fiscal cliff, what does it mean for you, income tax, estate tax, dividend tax, big changeses, yes, they are coming. can you protect yourself from the government? probably not, but we'll detail what's going to happen to you next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts...
232
232
Dec 29, 2012
12/12
by
WRC
tv
eye 232
favorite 0
quote 0
point with many republicans resisting any tax increase at all. economists say the last-minute process calls into question washington's ability to deal with the hard issues of tax reform and deficit reduction. >> the prospects for the economy are incredibly dim until we put in place a bigger deal, tackle these challenges, and put some certainty into the economy and boost confidence. >> reporter: meanwhile, americans watched with worry and frustration. >> i think they're all failing us a great deal and i'm so sick and tired of them fighting. >> the equivalent of worried about your mortgage after you're already homeless. so it's, like i said, sad. they have a job to do and they're not doing it. >> reporter: now, with public pressure mounting, the house and senate are expected to be back in session tomorrow, ready for a vote that could impact the economy for better or for worse. kate? >> kristen welker at the white house. nbc's moderator of "meet the press" david gregory joins me now. as we've said, david, you sat down with president obama this after
point with many republicans resisting any tax increase at all. economists say the last-minute process calls into question washington's ability to deal with the hard issues of tax reform and deficit reduction. >> the prospects for the economy are incredibly dim until we put in place a bigger deal, tackle these challenges, and put some certainty into the economy and boost confidence. >> reporter: meanwhile, americans watched with worry and frustration. >> i think they're all...
400
400
Dec 22, 2012
12/12
by
CNNW
tv
eye 400
favorite 0
quote 0
so there is absolutely no rea n reason, none, not to protect these americans from a tax hike. at the very least, let's agree right now what we already agree on. let's get that done. >> what the president has offered so far simply won't do anything to solve our spending problem and begin to address our nation's crippling debt. instead, he wants more spending, more tax hikes that will hurt our economy. >> bottom line, right now we're hearing a lot less talk about some sort of a grand bargain. and instead, maybe some stopgap measures to give some certainty to americans before that end of the year deadline. randi? >> and is it just the taxes that's holding out the agreement or something more at this point? >> it's hard to know exactly. it seems like the biggest sticking point that we are hearing discussed publicly remains those taxes. $250,000 that americans make before their tax, 400,000, $1 million, that number has been shifted back and forth a little bit over the past week. what we've seen still hasn't given us any sure answers. randi? >> what's the hope here at this point? whe
so there is absolutely no rea n reason, none, not to protect these americans from a tax hike. at the very least, let's agree right now what we already agree on. let's get that done. >> what the president has offered so far simply won't do anything to solve our spending problem and begin to address our nation's crippling debt. instead, he wants more spending, more tax hikes that will hurt our economy. >> bottom line, right now we're hearing a lot less talk about some sort of a grand...
199
199
Dec 26, 2012
12/12
by
FOXNEWSW
tv
eye 199
favorite 0
quote 0
i'm going to call them obama tax cuts. will runs say no to voting for a tax cut? >> well, the interesting question is of course what this comes with. we're at the beginning of a conversation not at the end of a conversation. because we have to decide what to do with the bush tax cuts. that's one thing. we have to decide to do -- what to do with a trillion dollar of obamacare tax increases. very few people are talking about this but there's a trillion dollars of tax increases obamand ad demonstration passed before the last election and 90% of those hikes were delayed until after the president got himself reelected. then we have massive spending, $8 trillion in debt that obama's running up the next decade. republicans have several tools. right now we have very well leverage in the debate over the fiscal cliff because that stuff happens automatically but the idea of a debt ceiling increase, they've told obama if you want a trillion dollars in higher debt and he needs that eight times in the next decade, you have to cut spending a trillion dollars. >> here, i'll ask y
i'm going to call them obama tax cuts. will runs say no to voting for a tax cut? >> well, the interesting question is of course what this comes with. we're at the beginning of a conversation not at the end of a conversation. because we have to decide what to do with the bush tax cuts. that's one thing. we have to decide to do -- what to do with a trillion dollar of obamacare tax increases. very few people are talking about this but there's a trillion dollars of tax increases obamand ad...
73
73
Dec 29, 2012
12/12
by
WJLA
tv
eye 73
favorite 0
quote 0
three days now until higher taxes for all. will there be a deal? as americans and their 401(k)s already taking a hit. paying a brice because of that standoff. >>> crash landing. the jet that skidded off the runway nearly smashing into a crowded highway. >>> and back in the game. football coach's battle off the field inspired a major turnaround on it. and tonight, he's about to return. >> you're like -- >> tomorrow, a team's prayer answered. >>> good evening. it's great to have you with us here on a saturday night. we do begin here, with yet another holiday storm. the one-two punch this year, and tonight, on a weekend when so many are still traveling, a challenge out there. here's the radar this evening. rain and snow. tonight, it's moving through the ohio valley right into the northeast, from washington up through philly, new york and boston. this is just one of the many scenes on the highways tonight. this is i-83 outside of harrisburg. where several cars collided in the snow. several people were take on the the hospital. already this evening the
three days now until higher taxes for all. will there be a deal? as americans and their 401(k)s already taking a hit. paying a brice because of that standoff. >>> crash landing. the jet that skidded off the runway nearly smashing into a crowded highway. >>> and back in the game. football coach's battle off the field inspired a major turnaround on it. and tonight, he's about to return. >> you're like -- >> tomorrow, a team's prayer answered. >>> good...
226
226
Dec 29, 2012
12/12
by
FOXNEWSW
tv
eye 226
favorite 0
quote 0
higher tax rate. john boehner floated a plan that would have kept low rates for those making up to a million dollars. two house members talked to us earlier today about where the tax issue is likely heading. >> the $400,000 level seems to me to be about right. that represents about the top 1% of income earners in the country. we need to save tax hikes on as many americans as we can. i kind of feel like i'm a life guard and we got to save as many people from crown not guilty higher taxes as we can. >> the challenge is finding the right figure to win some republican support in the senate and attract enough votes to pass the house. kelly. >> kelly: interesting comment right there, feeling like a life guard. many people are wondering if they're going to do that on capitol hill. thanks so much. going to be an interesting new year. watch fox sunday tomorrow. chris wallace talks with lindsey graham and nine fine stein. check your -- diane feinstein. >> heather: new york city police have a woman in custody wh
higher tax rate. john boehner floated a plan that would have kept low rates for those making up to a million dollars. two house members talked to us earlier today about where the tax issue is likely heading. >> the $400,000 level seems to me to be about right. that represents about the top 1% of income earners in the country. we need to save tax hikes on as many americans as we can. i kind of feel like i'm a life guard and we got to save as many people from crown not guilty higher taxes...
124
124
Dec 29, 2012
12/12
by
WMAR
tv
eye 124
favorite 0
quote 0
the temporary tax increase is set to inspire. the prospects are quote not too promising they'll get to a bipartisan agreement to prevent everyone's taxes from going up. david? >> our chief white house correspondent jon karl. this waiting game is already affecting americans' 401 cans. the stock market, five straight losses. let's bring in bianna golodryga. >> take a look at what happened just the few days. the dow lost 158 points. for the week, down 252 points. david, it's real money. lost 3,000, $4,000. december is traditionally a good month for the markets. >> and for home sales. here's what the president had to say about that. >> america wonder why it is, in this town for some reason, you can't get stuff done in an organized timetable. why everything has to wait until the last minute. we're now at the last minute. the economy is growing. the housing market is recovering. but that could be impacted if folks are seeing smaller paychecks. >> bianna what is about that momentum in the housing market, is that at risk? >> it is. take
the temporary tax increase is set to inspire. the prospects are quote not too promising they'll get to a bipartisan agreement to prevent everyone's taxes from going up. david? >> our chief white house correspondent jon karl. this waiting game is already affecting americans' 401 cans. the stock market, five straight losses. let's bring in bianna golodryga. >> take a look at what happened just the few days. the dow lost 158 points. for the week, down 252 points. david, it's real...
102
102
Dec 29, 2012
12/12
by
MSNBCW
tv
eye 102
favorite 0
quote 0
democrats will say they need that much in taxes, too. and because they've already raised rates, they got those middle class tax cuts extended, and the rich ones expired, they'll be open to do hitting through tax reform, which will be easier for republicans to swallow. let's say they do get the one to one match. that will be an $800 billion tax increase for a $1.4 trillion revenue increase in total. so democrats could easily end up when all of this is said and done with more revenue than president obama was asking for a week ago. and it will happen if it happens, because over and over and over and over again, john boehner and the house republicans could not take yes for an answer. they had to say no to this president. so they kept delaying until they were weaker. they pushed negotiations from 2011 where they were very strong, until 2012, right after the president had won re-election, and now they're pushing to 13, after the fiscal cliff hits and they get blamed. it is an odd way to negotiate. to get one republican view on what will come n
democrats will say they need that much in taxes, too. and because they've already raised rates, they got those middle class tax cuts extended, and the rich ones expired, they'll be open to do hitting through tax reform, which will be easier for republicans to swallow. let's say they do get the one to one match. that will be an $800 billion tax increase for a $1.4 trillion revenue increase in total. so democrats could easily end up when all of this is said and done with more revenue than...
162
162
Dec 28, 2012
12/12
by
MSNBCW
tv
eye 162
favorite 0
quote 0
. >> tax hikes remain at the center of the stand-off. what is the dividing line between those gets those tax breaks extended and those who do not. they're holding out hope for an 11-hour deal. hardly the first time that washington has pushed things to the edge. >> i actually think there's still a chance to get something done. so, you know, these deals usually come together at the last moment. >> why are you cautiously optimistic when it seems everyone else is saying we're going to go over the cliff? >> well, to paraphrase ronald reagan, there's so much manure around here there has to be a pony around here. no one wants tax hikes on 98% of the american people. >>> the president faces a potential default in the coming months unless the debt ceiling is raised again. a mo >> it's somewhat like taking your child hostage and saying to somebody else i'm going to shoot my child if you don't want done. there's no republican leader that wants to default on our debt that i talked to, that should be nonpartisan. >> congressman, not the best choice o
. >> tax hikes remain at the center of the stand-off. what is the dividing line between those gets those tax breaks extended and those who do not. they're holding out hope for an 11-hour deal. hardly the first time that washington has pushed things to the edge. >> i actually think there's still a chance to get something done. so, you know, these deals usually come together at the last moment. >> why are you cautiously optimistic when it seems everyone else is saying we're...
131
131
Dec 26, 2012
12/12
by
MSNBCW
tv
eye 131
favorite 0
quote 0
let's go back to the tax. your paycheck is going down 2%. everyone's taxes go up. it will really have an effect is when people get their first paycheck in january and the christmas bills are due, the average working class family will have their paycheck drop not 2% but closer to 5%. democrats see it as leverage, but it hurts real people for the short-term. >> when you talk about it, absolutely. if we go over the cliff without changing anything, this will be the end of unemployment benefits for more than two million americans. people who cannot wait a couple of months to get the money back and don't have the safety net. this is a very serious situation for some americans. on this show we have a slope and not a cliff. for some it is an immediate pain cliff situation. >> we should differentiate between the things that are really a cliff. unemployment and income taxes and the other things like the spending cuts draw out over a year. the sequester and other things. you wouldn't have to worry about that. those things can be fixed. the democrats don't have a sense of urge
let's go back to the tax. your paycheck is going down 2%. everyone's taxes go up. it will really have an effect is when people get their first paycheck in january and the christmas bills are due, the average working class family will have their paycheck drop not 2% but closer to 5%. democrats see it as leverage, but it hurts real people for the short-term. >> when you talk about it, absolutely. if we go over the cliff without changing anything, this will be the end of unemployment...
122
122
Dec 22, 2012
12/12
by
CNNW
tv
eye 122
favorite 0
quote 0
energy is a tax on -- energy prices are a tax on everyone. >> right. >> they're a tax on households, on business ls. and we are going to see much more available cheaper energy and that will lower the burden on households and crucially, as you pointed out -- and this is where i think you're going to see a knock-on effect, it makes manufacturing more viable in the u.s. so it's not just the jobs in the energy sector. it's the fact that all of them, especially natural gas, which is hard to transport, it starts to make sense to locate those factory where is that energy is. p other thing that i love about the energy is story is, as we've discussed a lot, one of my huge concerns about the u.s. economy is well-paying middle-class jobs. and i think that, you know, we can't neglect the economic reality that we are seeing the hollowing out of those jobs, huge downward pressure on wages. >> right. >> in the energy sector, that's not happening so much because in the actual production of natural resources you can't outsource those jobs. those are good jobs. >> can i give you an example of what she
energy is a tax on -- energy prices are a tax on everyone. >> right. >> they're a tax on households, on business ls. and we are going to see much more available cheaper energy and that will lower the burden on households and crucially, as you pointed out -- and this is where i think you're going to see a knock-on effect, it makes manufacturing more viable in the u.s. so it's not just the jobs in the energy sector. it's the fact that all of them, especially natural gas, which is hard...
122
122
Dec 26, 2012
12/12
by
CNBC
tv
eye 122
favorite 0
quote 0
, if they're going to vote to raise taxes or at least let tax rates expire on the upper end, they only want to do that once. that's not something they want to keep doing. certainly if speaker boehner puts something on the floor that his republican conference is not happy with, that's a risk that he's taking. >> has the president moved much on spending? because we talk all the time about the taxes but we seem to give a little less emphasis on the spending. is the president meaningful moving on that? >> depends on your definition of meaningfully. certainly there has been some movement from the white house over time on spending. i think there's been a movement toward talking about entitlements. when you talk about the cpi, consumer price index, that shift over there, that's a small concession to where republicans are but nobody's really talking about the big spending cuts that would have to be made to major entitlement programs to really alter the way that our budget course looks for the future, or to raise taxes in such a way as to pay for those programs as they are currently constituted
, if they're going to vote to raise taxes or at least let tax rates expire on the upper end, they only want to do that once. that's not something they want to keep doing. certainly if speaker boehner puts something on the floor that his republican conference is not happy with, that's a risk that he's taking. >> has the president moved much on spending? because we talk all the time about the taxes but we seem to give a little less emphasis on the spending. is the president meaningful...
183
183
Dec 30, 2012
12/12
by
KGO
tv
eye 183
favorite 0
quote 0
this evening, three days to go before taxes go up for all americans. will the president's pressure on congress bring in a deal? let's bring in jon karl on this. jon, are they any closer? >> a little closer, but they are certainly not there yet. tonight, congressional leaders are making one last-ditch effort to keep most americans from waking up to a big tax like on new year's day. with just three days left, finally a glimmer of hope. >> i'm hopeful and optimistic. >> whatever we come up with it's going to be imperfect. some people aren't going to a like it. >> reporter: right now, it's all in the hands of the two senate leaders. democratic harry reid and republican mitch mcconnell. they're working on a mini-deal that would prevent a tax increase for roughly 98% of american workers. extend unemployment benefits that are set to expire for some 2 million people. and prevent a huge cut in payments to medicare doctors. what took so long? >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over
this evening, three days to go before taxes go up for all americans. will the president's pressure on congress bring in a deal? let's bring in jon karl on this. jon, are they any closer? >> a little closer, but they are certainly not there yet. tonight, congressional leaders are making one last-ditch effort to keep most americans from waking up to a big tax like on new year's day. with just three days left, finally a glimmer of hope. >> i'm hopeful and optimistic. >> whatever...
183
183
Dec 27, 2012
12/12
by
FOXNEWSW
tv
eye 183
favorite 0
quote 0
a lot of taxes will go up but taxes will go up on everybody, not injure the guy around the tree that's paying for everything but everyone will have to pay. and then folks will realize the government we are voting for costs us money too. >> that's the thing. if we don't go over the cliff and they don't reach a compromise, what will happen? they can't afford to keep spending like this. won't spending have to go down by virtue after compromise not being reached? spending will go down a little bit because of the sequester and 9 defense spending, what you talked about on the show quite a bit. a big chunk comes from tax increases. little the end of the unemployment benefits of that been going on for a while, the payroll tax holiday and the alternative minimum tax which is going to grab more and more people. you will have less subsidies for lower income people who are unemployed today and higher tax on middle income americans. it's not great. none of us want tax increases but at the end of the day trillion dollars deficits are bad, too. trillion dollars deficits every year as far as the eye c
a lot of taxes will go up but taxes will go up on everybody, not injure the guy around the tree that's paying for everything but everyone will have to pay. and then folks will realize the government we are voting for costs us money too. >> that's the thing. if we don't go over the cliff and they don't reach a compromise, what will happen? they can't afford to keep spending like this. won't spending have to go down by virtue after compromise not being reached? spending will go down a...
230
230
Dec 29, 2012
12/12
by
MSNBCW
tv
eye 230
favorite 0
quote 0
>> well, the thing that will get them piqued is that tax rates. obama is preferring a $250,000 threshold, but in the process of trying to hammer out the deal, it is raised to $400,000 or $500,0 $500,000, and the base is going to be angry about that, and that is offset by satisfaction that some of the entitlement reforms that the president had signed off on earlier such as changing the structure for social security will not likely be in this deal, and obviously, everything remains to be seen, and the estate tax is a big sticking point, because obama wants to see it go up, and the senate republicans will insist that it stay at the current rate. >> thank you, robert costa and sam stein. we will be back in a moment. this is "hardball," the place for politics. >>> welcome back to hardball. what will a deal look like if there is one? and who is going to wind up giving up more on the tax cuts for wealthy americans? harry reid insists $250,000 is a threshold, but it may not hold. joining me now is josh green of bloomberg business week. josh, for the marke
>> well, the thing that will get them piqued is that tax rates. obama is preferring a $250,000 threshold, but in the process of trying to hammer out the deal, it is raised to $400,000 or $500,0 $500,000, and the base is going to be angry about that, and that is offset by satisfaction that some of the entitlement reforms that the president had signed off on earlier such as changing the structure for social security will not likely be in this deal, and obviously, everything remains to be...
215
215
Dec 25, 2012
12/12
by
FOXNEWSW
tv
eye 215
favorite 0
quote 0
block will lead to taxes on red ink and says the president plan "c" unveiled friday increases tax rates on some and punting reform of the entitlement program on medicare to some point next year. >> the best way to address the crippling debt is make significant spending cuts to fix the tax code to pave way for long-term growth and opportunity. >> likely that president obama will rush back on wednesday to come back to washington in hopes of debt deal by the end of the year. >> we'll see. >> doug: thank you very much. till ahead, bret baier brings in his family for special holiday greeting. but first, if you think there is consensus on where jesus was born, think again! [ mother ] you can't leave the table till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. >> dou
block will lead to taxes on red ink and says the president plan "c" unveiled friday increases tax rates on some and punting reform of the entitlement program on medicare to some point next year. >> the best way to address the crippling debt is make significant spending cuts to fix the tax code to pave way for long-term growth and opportunity. >> likely that president obama will rush back on wednesday to come back to washington in hopes of debt deal by the end of the year....
136
136
Dec 29, 2012
12/12
by
CNNW
tv
eye 136
favorite 0
quote 0
raised the capital gains tax, the top marginal tax rates, but also tax increases distract from what the country needs to do. we need to deal with our runaway government spending. the government is spending too much money. tax increases are not part of cutting the budget. tax increases are what politicians do instead of reform the government. as long as tax increases are on the table, the politicians never even think about reforming government. >> and i understand. you have been on this fight for a long time and you've been devoted to the whole idea of not seeing taxes increase anywhere. but what we're down to right now is largely a political battle over the increase in marginal tax rates based on what you earn. i understand there's a lot more to this puzzle, but on that front, because that's the one that gets most of the ink around here, whether people who earn more than $250,000 or $400,000 or $1 million should may-pay more tax. the point is that's not going to hurt the economy. that's all we're talking about. paying 4.6%, 8 points higher on your income over $250,000, empirically t
raised the capital gains tax, the top marginal tax rates, but also tax increases distract from what the country needs to do. we need to deal with our runaway government spending. the government is spending too much money. tax increases are not part of cutting the budget. tax increases are what politicians do instead of reform the government. as long as tax increases are on the table, the politicians never even think about reforming government. >> and i understand. you have been on this...
121
121
Dec 27, 2012
12/12
by
MSNBCW
tv
eye 121
favorite 0
quote 0
they didn't even want millionaires to have any increase in taxes. those fanatics, being as fa nat cal as they are, might not even do what most of us assume they would do if we went over the curb and eventually come around. in other words, even the republicans as a whole are taking a shellacing in the polls, individual republicans, when they go back to their districts, they're most worried about being attacked from the right, having a primary challenger in 2014 from the right. so it's not exactly clear right now that the democrat strategy which i have been touting and you have been touting and most of us assume will be the strategy if we go over the curb, that is, come up with a bill that provides a middle class tax relief retroactive to the first of january, it's not 100% sure that's going to work any longer now that we know now fanatical the fanatics are. >> john, tell me how the republicans who refuse to go on with the boehner plan b could somehow, between now and new year's eve, go along with something else that was possibly less attractive to th
they didn't even want millionaires to have any increase in taxes. those fanatics, being as fa nat cal as they are, might not even do what most of us assume they would do if we went over the curb and eventually come around. in other words, even the republicans as a whole are taking a shellacing in the polls, individual republicans, when they go back to their districts, they're most worried about being attacked from the right, having a primary challenger in 2014 from the right. so it's not...
158
158
Dec 28, 2012
12/12
by
MSNBCW
tv
eye 158
favorite 0
quote 0
and all tax rates will go up on income tax and estate taxes and all the bad stuff will happen, and how that's good politics. >> look, politicians are creatures of narrow self-interest. from the self-interested standpoint of a republican house member from a safe district who fears a primary challenge, yes, it's better for them to wait three days, cast -- go over the cliff, cast a vote to cut taxes and basically screw all the people who are going to be affected by it preserving their own jobs than it is to agree to a tax increase now and risk the wrath of the tea party right two years from now. >> chris, let me ask you about another possible, i hope it doesn't happen. next tuesday or next wednesday when the market reopens on january 2nd and they fully realize at that point that this cliff has been gone over and the congress has failed to meet its own targets which it set itself when it set this cliff up, who will pay the price if, say, the market drops 500 or 1,000 points and keeps dropping for two or three days and that creates the chances for a second dip, a second recession? who will
and all tax rates will go up on income tax and estate taxes and all the bad stuff will happen, and how that's good politics. >> look, politicians are creatures of narrow self-interest. from the self-interested standpoint of a republican house member from a safe district who fears a primary challenge, yes, it's better for them to wait three days, cast -- go over the cliff, cast a vote to cut taxes and basically screw all the people who are going to be affected by it preserving their own...
211
211
Dec 27, 2012
12/12
by
MSNBCW
tv
eye 211
favorite 0
quote 0
not through any tax breaks or anything like that. but through getting back to work and getting their paychecks back up. that's what they want to do. >> now, governor, you have had to deal with people of opposing parties. you've had to compromise. you've seen them compromise. that's what government does. but when you get inflexible people that seem to not understand the pain of the ordinary american, how do you break this gridlock? >> well, it's very hard. and the point you made, rev, is a very good one. the president did move with entitlements and it did anger a cig n significant portion of his base. but the president agrees that you can't set this nation's economy on a healthy path that cease going to take care of our deficit and make it a managinin bart of gdp. he knows we can't asked the republicans to raise it 1.2, 1.3 trillion in revenue. he's reached out and made cig nif kant concessions and the response to that was nothing. it is pathetic. >> jaret, let me ask you, if we go over the cliff, what ps? is there not an immediate im
not through any tax breaks or anything like that. but through getting back to work and getting their paychecks back up. that's what they want to do. >> now, governor, you have had to deal with people of opposing parties. you've had to compromise. you've seen them compromise. that's what government does. but when you get inflexible people that seem to not understand the pain of the ordinary american, how do you break this gridlock? >> well, it's very hard. and the point you made,...
193
193
Dec 29, 2012
12/12
by
FOXNEWSW
tv
eye 193
favorite 0
quote 0
and what about the state -- estate tax. >> the estate tax punishes family farmers in my district and small business people. that money has been taxed a lot of times people have to selllet family farm to pay the taxes or family business it is it a shame and we need to get it fixed and solved. we need permanence and a bigger exemption and something like we have today would make it work. >> and congressman, what about the debt limit. we'll hit the debt ceiling, 16.4 trillion . is that going to be worked in this piece of legislation or is that after the new year. >> i hope that we are able to work it in this legislation. then we would avert another man made crisis that we are all too good at doing these days . ive would hope it is part of the package but should never be a part of the negotiation. i know you all discussed many, many times is something that is raised routinely over the last 50 years and something in the law and doesn't save us or spending more money it just shuts the government down . risks the full faith and credit of the united states it is it about recognizing the debts
and what about the state -- estate tax. >> the estate tax punishes family farmers in my district and small business people. that money has been taxed a lot of times people have to selllet family farm to pay the taxes or family business it is it a shame and we need to get it fixed and solved. we need permanence and a bigger exemption and something like we have today would make it work. >> and congressman, what about the debt limit. we'll hit the debt ceiling, 16.4 trillion . is that...
145
145
Dec 29, 2012
12/12
by
MSNBCW
tv
eye 145
favorite 0
quote 0
but those two things will offset the estate tax, as i understand it, is a big sticking point. obama wants to see it go up. the senate republicans will insist that it stays at its kurnt rate. this is what happens when you make deals with very little time to spare. you basically force your respective party forces to swal slow what you give him. >> thank you. we'll be back in a moment. this is "hardball" the place for politics. we're all having such a great year in the gulf, we've decided to put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you'll have a great time. especially in alabama. you mean mississippi. that's florida. say louisiana or there's no dessert. brought to you by bp and all of us who call the gulf home. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often han
but those two things will offset the estate tax, as i understand it, is a big sticking point. obama wants to see it go up. the senate republicans will insist that it stays at its kurnt rate. this is what happens when you make deals with very little time to spare. you basically force your respective party forces to swal slow what you give him. >> thank you. we'll be back in a moment. this is "hardball" the place for politics. we're all having such a great year in the gulf, we've...
513
513
Dec 30, 2012
12/12
by
WRC
tv
eye 513
favorite 0
quote 0
and allowing taxes to increase on the wealthiest americans. this remains a major sticking point for many republicans. some say a small deal is better than no deal at all but represents a lack of leadership. >> they haven't taken any of the hard measures to bring spending down and reform entitlements and raise more revenues. >> reporter: now, late saturday, negotiators continued to haggle over a number of issues, particularly the issue of taxes. republican leader, mitch mcconnell, was spotted at the capital. when asked if they would reach a deal, he told reporters, quote, i hope so. erica? >> many americans hoping so too. >>> david gregory is moderator of "meet the press." good morning. >> good morning, erica. >> you sat down with an exclusive interview with the president. did he seem optimistic to you? >> he says he is optimistic but really preparing to play hardball. his own approach, plan "b," is a small deal to get an extension of the middle class tax cuts and do very little else. the fight over the debt continues into the new year just wee
and allowing taxes to increase on the wealthiest americans. this remains a major sticking point for many republicans. some say a small deal is better than no deal at all but represents a lack of leadership. >> they haven't taken any of the hard measures to bring spending down and reform entitlements and raise more revenues. >> reporter: now, late saturday, negotiators continued to haggle over a number of issues, particularly the issue of taxes. republican leader, mitch mcconnell,...
174
174
Dec 26, 2012
12/12
by
WMAR
tv
eye 174
favorite 0
quote 0
now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the white house with the president and the first lady. tonight here, some rare personal questions answered about their own relationship and their girls. one of whom just got her first cell phone. >> reporter: i want to talk a bit about the girls. we have been rawatching them gr up from little girls to young ladies. now, malia recently got her first cell phone. do you monitor it? and see who she calls or who she texts? >> i give my daughter at this age, i give her a long rope. you know, and there is monitoring, because we have rules, but monitoring may be, you never know when i'm going to walk in your room and
now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the white house with the president and the first...
159
159
Dec 23, 2012
12/12
by
FOXNEWSW
tv
eye 159
favorite 0
quote 0
what would the level be for taxes for revenue. in how much would be raised in revenue and what would it mean in new spending cuts? >> the spending cuts would be a trillion $450 billion. $2.6 trillion. couple that with the $1.1 trillion already done and you are at $3.7 trillion. and look, is it perfect? no. is it everything we he hoped for? >> no. does it match what bowles simpson did? no. on an even comparison bowles simpson would be $5.3 trillion. >> chris: let me ask you one last quick question. are you saying that you don't like the president's plan? >> look, it may come to that but i would hope that we would have one last attempt here to do what everyone knows needs to be done. which is a larger plan that really does stablize the debt and get us moving in the right direction and does it in it a way that is cognizant that we have an economy that is recovering, that still is weak and we don't slam it. we don't slam on the brakes here in a way that puts us back into recession, that increases jobless rate to 9.1%. >> chris: let me
what would the level be for taxes for revenue. in how much would be raised in revenue and what would it mean in new spending cuts? >> the spending cuts would be a trillion $450 billion. $2.6 trillion. couple that with the $1.1 trillion already done and you are at $3.7 trillion. and look, is it perfect? no. is it everything we he hoped for? >> no. does it match what bowles simpson did? no. on an even comparison bowles simpson would be $5.3 trillion. >> chris: let me ask you one...
117
117
Dec 26, 2012
12/12
by
CNNW
tv
eye 117
favorite 0
quote 0
. >> teetering on the edge of the fiscal cliff with just 36 days to go until tax increases kick, in the white house and congress are playing a high stakes game of let's make a deal. >> only in america believes there has to be this what i believe to be really farce ical now surely -- the nature of the world is very fast moving, america has huge economic problems, heading for another fiscal cliff, everyone laughing at you from afenway park the american public sick and tired of all the games going on and there are you, grover norquist, a very bright guy still resolutely saying a pledge is a pledge is a pledge, it cannot be broken when many of your own party are now saying you know, what it doesn't make sense to have this irresolute position anymore. >> two things, the pledge is not for life. but everybody who signed the pledge, including peter king, who tried to weasel out of it -- shame on him as the "new york sun" says tonight. i hope his wife understands commitments last a little longer than two years or something. >> whoa, hang on, hang on. that was a bit below the belt, grover. >> hey
. >> teetering on the edge of the fiscal cliff with just 36 days to go until tax increases kick, in the white house and congress are playing a high stakes game of let's make a deal. >> only in america believes there has to be this what i believe to be really farce ical now surely -- the nature of the world is very fast moving, america has huge economic problems, heading for another fiscal cliff, everyone laughing at you from afenway park the american public sick and tired of all the...
216
216
Dec 26, 2012
12/12
by
FOXNEWSW
tv
eye 216
favorite 0
quote 0
tax cuts for everyone making under 250. can republicans say no to tax cut in 2013? >> andrea: it will be tough. not tougher than the p.r. battle they are fighting now. i think he wants that scenario, eric. i think obama thinks going off the cliff is a win for him so he can pass the obama tax cut and say look, i'm bringing in revenue. i lowered the deficit. pass his tax cut. a win and he can blame the g.o.p. i would argue i don't think the g.o.p. had the ball on this fight. i don't think they gave it up. i don't think they had it. it's very tough for them to win against the white house like this. and a white house press corps that is not going to report anything negative against the president. >> eric: the ball is a debt ceiling. remember, all the negotiations, tell you, i'll get to greg, they have to go through the house. money negotiations go through the house. if the house says no on raising debt ceiling they can create havoc. go ahead. >> greg: i don't care anymore. >> kimberly: okay. you did last week? >> greg: as a human being in this discussion, i have already
tax cuts for everyone making under 250. can republicans say no to tax cut in 2013? >> andrea: it will be tough. not tougher than the p.r. battle they are fighting now. i think he wants that scenario, eric. i think obama thinks going off the cliff is a win for him so he can pass the obama tax cut and say look, i'm bringing in revenue. i lowered the deficit. pass his tax cut. a win and he can blame the g.o.p. i would argue i don't think the g.o.p. had the ball on this fight. i don't think...
151
151
Dec 22, 2012
12/12
by
CNNW
tv
eye 151
favorite 0
quote 0
voting for anything that can be perceived as a tax increase. well, what the president is talking about, even a scaled-down version, is devil raysing taxes. and raising taxes on people making $250,000 or more. at least household. so that's going to be difficult to do and that's why reality check here, talking to democrats and republicans, it seems they're going through the motions, that they're going to talk about talking when they get back, they'll get back from the holiday, and at this point, both sides are saying that they are pretty confident we're going to go over the fiscal cliff. >> the president i thought had a weird moment in his remarks where he started talking about everyone should go and have eggnog, have some christmas cookies, and then think about what they're going to do before they think about coming back to doing some kind of a deal before we go over that cliff. we're talking about ten days there. do you really think there's time for all that? >> there's time to get a deal done. there's always time in washington. because if they
voting for anything that can be perceived as a tax increase. well, what the president is talking about, even a scaled-down version, is devil raysing taxes. and raising taxes on people making $250,000 or more. at least household. so that's going to be difficult to do and that's why reality check here, talking to democrats and republicans, it seems they're going through the motions, that they're going to talk about talking when they get back, they'll get back from the holiday, and at this point,...